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WWD 04/03/2003

WWD 04/03/2003

Retail, Luxe Sectors Battle Shock Waves From War and Sars

Goldman Sachs in London downgraded its stance on the European luxury sector due to concerns over an extended war in Iraq and the deadly SARS virus.

Retail, Luxe Sectors Battle Shock Waves From War and Sars

Goldman Sachs in London downgraded its stance on the European luxury sector due to concerns over an extended war in Iraq and the deadly SARS virus.
— Apr 3, 2003

Ann Taylor Appoints Jessup Senior EVP

Jerome Jessup has been named senior executive vice president for merchandise and design at Ann Taylor Stores, confirming a WWD report.
— Apr 3, 2003

In Brief: Cheers for Bravo ... Ferragamo to Atlanta ... Columbia Deal Done ...

CHEERS FOR BRAVO: Rose Marie Bravo, chairman and chief executive officer of Burberry, has been elected to the board of Estée Lauder Cos. Leonard A. Lauder, Lauder chairman, said in a statement: "We're very pleased. Her extensive...
— Apr 3, 2003

Federated to Roll Out Rag

Federated Department Stores and Tarrant Apparel Group have forged a distribution agreement to distribute American Rag CIE sportswear.
— Apr 3, 2003

Shrinkage Chills Stores' Bottom Line

NEW YORK - Disaffected employees were the main cause of unexplained inventory loss, or shrinkage, which carved a $31.3 billion chunk out of merchandise stocks in 2001, according to the University of Florida's latest National Retail...
— Apr 3, 2003

Obituary: Hilda Kirschbaum Gerstein, 92

NEW YORK - Hilda Kirschbaum Gerstein, former vice chairman and president of popular-priced women's apparel retailer Petrie Stores Corp., died Sunday at age 92.

Gerstein died at Mt. Sinai Hospital here of pneumonia following a long...
— Apr 3, 2003

Anne Klein's Nolan Quits To Hit the Campaign Trail

Anne Klein designer Charles Nolan has quit his fashion career to join the presidential campaign of Governor Howard Dean, Democrat of Vermont.
— Apr 3, 2003

Shrinkage

Shrinkage, or retail inventory loss caused by theft, administrative error or vendor fraud, as ranked by type of store.
— Apr 3, 2003

Catching the Waves in Times Square

Quiksilver catches a wave in Times Square…Detroit's new hip…Ben Sherman's revival.
— Apr 3, 2003

Move Over Motown: Detroit's New Hip

In his "Lose Yourself" video, Eminem pays tribute to his hometown, the faded letters arching across his hoodie spell out "Detroit."

That video gave a boost to Made in Detroit, the clothing company that made Eminem's famed sweatshirt, and...
— Apr 3, 2003

MTV, Ben Sherman Bridge the Generation Gap

NEW YORK - Ben Sherman is making its mark at the MTV Store.

The British sportswear company, which rose to popularity in the late Sixties when its following included the members of The Beatles and The Rolling Stones, is on a revival...
— Apr 3, 2003

Denim Dish

Earl Eyes Expansion

Earl Jean wants to be known for more than denim.

The next two seasons are going to be a key transition period for the seven-year-old denim label, according to Bonnie Takhar, who took over as president of Earl in...
— Apr 3, 2003

Denim Dish: Armani's Beach Grooves

Armani's Beach Grooves

Following last month's Winter Music Conference in Miami, A|X Armani Exchange is introducing a CD compilation of dance music called "Beachdance," which ties into the brand's spring advertising...
— Apr 3, 2003

Denim Dish: Ellus Arrival

Ellus Arrival

The Brazilian brand Ellus Jeans is bowing in the U.S. for fall retailing. The line, being represented by Showroom Seven in Manhattan, includes 23 styles of jeans in 11 washes, with an emphasis on the distinctive hip-hugging,...
— Apr 3, 2003

Parisian Playground

Paris might get all the glory for its fashionable inhabitants, but they are also showing some panache for the sportif life. Here's what's hot.
— Apr 3, 2003

Sidelines

AHOY THERE, RIRI: Skipper Russell Coutts and a few crew members from Team Alinghi, the winner of this year's America's Cup and Louis Vuitton Cup, stopped by Riri's factory in Mendrisio, Italy, last week to show their prizes. Riri was...
— Apr 3, 2003

Ruttenstein Rocks

NEW YORK - It was Kal's show and the turnout was awesome.

Six hundred designers, manufacturers and retailers, competitors and colleagues alike, packed the Grand Ballroom at The Plaza Tuesday night, to honor Kalman Ruttenstein,...
— Apr 3, 2003

Post-Chap. 11 Board Proposed by Kmart

NEW YORK - Kmart Corp.'s investor constituent groups have submitted to the Chicago bankruptcy court a list of nominees for the nine-member board that will oversee operations following the discounter's expected exit from Chapter 11 at...
— Apr 3, 2003

Barneys Notes Sale Grosses $90 Million

NEW YORK - Barneys New York Inc. reported on Wednesday that its offering of senior notes grossed proceeds of $90.1 million.

The offering entailed $106 million of the 9 percent senior secured notes, due April 1, 2008 of its wholly-owned...
— Apr 3, 2003

The Chopin Hour

A visit with writer Benita Eisler on her new book, "Chopin's Funeral," a biography of the composer.
— Apr 3, 2003

Just Nutsa

Movie making with 19-year-old Nutsa Kukhianidze.
— Apr 3, 2003

French Connection

Taking the notion of "personal shopper" up a notch.
— Apr 3, 2003

Tennis Anyone?

Reese's loving cup.
— Apr 3, 2003

Frederick's Steps Out

Perhaps taking a cue from that other lingerie company, this was the third season Frederick's has joined the fashion-week game. Freshly emerged from bankruptcy, the half-century-old lingerie giant has finally reached its sexy, sultry stride. On...
— Apr 3, 2003

The IOC Action

With Reese Witherspoon, Anjelica Huston, Jacqui and Gia Getty, Mena Suvari, Sheryl Crow and Owen Wilson willingly gushing for their pal on camera, Tara Subkoff's homecoming Tuesday afternoon for Imitation of Christ (she actually premiered the...
— Apr 3, 2003

Short Take

LOS ANGELES - Celebrity stylist Magda Berliner had a hit on her hands with her fall show, which she called "Movin On." She did looks that blended vintage elements with street style. There were, for example, thin wool coveralls worn with a black...
— Apr 3, 2003

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